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The income statement for Egyptian Noise Blasters shows that depreciation expense is $ 9 0 million and NOPAT is $ 2 6 9 million. At

The income statement for Egyptian Noise Blasters shows that depreciation expense is $90 million and NOPAT is $269 million. At the end of the year, the balance of gross fixed assets was $700 million. The change in net operating working capital during the year was $80 million. Egyptians free cash flow for the year was $230 million.
Calculate the beginning-of-year balance for gross fixed assets.

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